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Start Free TrialThe Sikkim Ceiling on Government Guarantees Act, 2000 Complete Act
State: Sikkim
Year: 2000
.....assent of the Governor on 13th day of December , 2000 is hereby published for general information:- THE SIKKIM CEILING ON GOVERNMENT GUARANTEES ACT, 2000 (ACT NO. 21 OF 2000) An Act To provide ceiling on Government Guarantees and other matters connected therewith. Be it enacted by the Legislature of Sikkim in the fifty-first year of the Republic of India as follows:- Short title and Commencement. 1. (1) This Act may be called the Sikkim Ceiling on Government Guarantees Act, 2000. Definitions. 2. (2) It shall come into force at once. In this Act, Unless the context otherwise requires:- (a) ˜Default risk' means the probability of default by the borrower on whose behalf the Government Guarantee is given, depending on the amount borrowed, the type of industry and the economic situation . (b) "Government " means the State Government of Sikkim. (c) "government Guarantee" includes the guarantee given by the State Government on behalf of Departmental Undertakings, Public Sector Undertakings, Local Authorities , Statutory Boards and Corporations and Co-operative-Institutions. Ceiling on Government Guarantees 3. The total outstanding Government.....
List Judgments citing this sectionThe Sikkim Housing and Development Board Amendment Act, 2000 Complete Act
State: Sikkim
Year: 2000
.....Sikkim Public Premises (Eviction of Unauthorised Occupants and Rent Recovery) Act, 1988. Amendment of section 4 4. In section 4 of the principal Act, in sub-section (1) (a) for the words "Local Self Government and Housing Department", the words "Urban development and Housing Department" shall be substituted:- (b) for clauses (ii) (iii), (iv), (v) and (vi), the following clauses shall be substituted namely:- (ii) Secretary, Urban development and Housing Department. (iii) Secretary, Rural development Department. (iv) Commissioner"cum-secretary, Planning and Development department. (v) Principal Chief Engineer"cum- secretary, Building and Housing Department. (vi) Secretary, Sikkim Housing and development Board. (vii) Any other professional, technical or eminent person whose expert experience may be useful to the Board to be nominated by the Government for such time as maybe specified in this behalf." Amendment of section 6 5. In section6 of the principal Act. (a) In the proviso to sub-section (2), for the words, "the maximum of the exceeds one thousand rupees a month", the words "which exceed lowest scale payable to a Group B Employee of the State.....
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